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Updated over 10 years ago on . Most recent reply

User Stats

462
Posts
199
Votes
Brit Foshee
  • Investor
  • Fort Myers, FL
199
Votes |
462
Posts

Pulling Cash out of a condo. Anyone had any luck with this ?

Brit Foshee
  • Investor
  • Fort Myers, FL
Posted

I've got a condo that cash flows beautifully that I'd really like to pull cash out of.  It's free an clear now, and probably worth $125,000. 

I'd be happy with $75,000.

Any thoughts ?   I've spoken to a couple of traditional lenders who won't touch it because it's a condo.

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